Ashford Inc. (NASDAQ:AINC) Expected to Announce Earnings of $2.38 Per Share

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Analysts expect that Ashford Inc. (NASDAQ:AINC) will report earnings of $2.38 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Ashford’s earnings. Ashford reported earnings of $3.60 per share in the same quarter last year, which would suggest a negative year over year growth rate of 33.9%. The firm is scheduled to announce its next earnings results after the market closes on Thursday, August 1st.

On average, analysts expect that Ashford will report full-year earnings of $9.01 per share for the current financial year. For the next fiscal year, analysts forecast that the business will report earnings of $7.69 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Ashford.

Ashford (NASDAQ:AINC) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.16. The firm had revenue of $63.32 million during the quarter, compared to analyst estimates of $57.13 million.

Shares of Ashford stock traded up $1.87 during trading hours on Tuesday, reaching $32.39. The stock had a trading volume of 17,183 shares, compared to its average volume of 8,721. The company’s 50 day simple moving average is $35.42. Ashford has a twelve month low of $25.77 and a twelve month high of $95.58.

Ashford Company Profile

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas.

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